Alert: Open a bank account in Singapore with a low minimum deposit and without having to travel

Over the last few years, we’ve talked about how poorly capitalized and highly illiquid most banks are in the West.

Of course, most people
hardly give thought to the safety of their bank. We simply assume that,
just because we can log on to a bank website and see a balance printed
on a screen, that the money’s there.

This is a lot of blind trust for something so important.

As it turns out,
though, when you really look at the numbers, many Western banks have
extremely LOW levels of liquidity and capital.

Here’s an example: JP
Morgan, one of the largest banks in the US, holds just 2.04% of its
customer deposits in liquid cash equivalents.

Contrast that with banks in places like Hong Kong, Norway, Singapore and Andorra.

Take, for example, a bank in Singapore we recommend to our Sovereign Man: Confidential members.

It has a liquidity ratio of over 8.96%... more than four times that of JP Morgan. Which do you think is safer?

Singapore is modern, advanced, and civilized. And it’s NEVER experienced a banking failure. Ever.

Singapore banks are
liquid and well-capitalized. The government has ZERO net debt, and
deposit insurance actually means something in Singapore.

It’s literally the polar opposite of most Western banking systems.

Problem is, Singaporean banks have been hesitant to open new accounts in recent years, especially for US clients.

We can thank absurd regulations like FATCA for this, which provide a HUGE disincentive to work with US customers.

Now it’s starting to
get a bit easier. And I’m very pleased to bring you a solid banking
option in Singapore—one that ANYONE can take advantage of.

In fact, for personal accounts, it’s the easiest option yet to set up a foreign bank account in one of the best banking jurisdictions in the world.

You don’t need to go to Singapore in order to open an account and the initial deposit minimum is as low as $10,000.